Category: Business

  • Accord Transformer and Switchgear Limited Files RHP; SME IPO to Open on February 23, 2026

    Accord Transformer and Switchgear Limited Files RHP; SME IPO to Open on February 23, 2026

    Mumbai (Maharashtra) [India], February 19: Accord Transformer & Switchgear Limited, a manufacturer of transformers, switchgear and customised power solutions, has filed its Red Herring Prospectus (RHP) dated February 16, 2026 with the Registrar of Companies, Haryana, in connection with its proposed SME initial public offering (IPO).

    The IPO comprises a fresh issue of up to 55,62,000 equity shares of face value ₹10 each through the book-building route.

    Out of the total issue of up to 55,62,000 equity shares, up to 2,82,000 shares are reserved for the Market Maker. The net issue of up to 52,80,000 shares will be allocated as follows:

    not more than 50% to Qualified Institutional Buyers, not less than 15% to Non-Institutional Investors and not less than 35% to Individual Investors.

    The issue will open for subscription on Monday, February 23, 2026 and close on Wednesday, February 25, 2026, with the equity shares proposed to be listed on the BSE SME platform. The anchor investor portion shall open and close on Friday, February 20, 2026.

    IPO Highlights

    • Fresh Issue: up to 55,62,000 equity shares
    • Face Value: ₹10 per share
    • Issue Type: 100% book-built SME IPO
    • Listing: BSE SME
    • Promoters: Mr. Pradeep Kumar Verma & Mrs. Shalini Singh
    • Book Running Lead Manager: GYR Capital Advisors Pvt. Ltd.

    The price band and bid lot will be decided by the company in consultation with the Book Running Lead Manager and announced prior to issue opening.

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  • NVT Quality Lifestyle forays into Sky Villas and Large-Format Integrated Townships

    NVT Quality Lifestyle forays into Sky Villas and Large-Format Integrated Townships

    Move to Capitalise on the Next-Wave of Premium Residential Demand

    Bengaluru (Karnataka) [India], February 18: NVT Quality Lifestyle, a leading premium residential developer, today announced a strategic expansion of its stronghold in the luxury villa segment into ‘Sky Villas’ and integrated townships, marking an evolution in its long-term business strategy. The move positions the company to develop large-format, master-planned destination townships that bring together standalone villas with sky villas within a single, professionally planned ecosystem, aligned with the changing expectations of high-value homebuyers in India’s key urban markets such as Bengaluru.

    Anchored by a multi-phase development spanning approximately 100 acres of land and set against a 300-acre lake, NVT’s integrated township initiative reflects a portfolio shift from standalone luxury communities to scalable residential destinations, designed to deliver sustained lifestyle and asset value. The company is deploying significant long-term capital and development capability to build future-ready townships that combine diversified housing formats with robust infrastructure, landscape-led planning and community-centric design. NVT Quality Lifestyle will develop a total of 5 million sq. ft. of new luxury residential space by 2028. The company expects to achieve annual sales worth ₹1,200 crore to ₹1,500 crore, during the same period.

    Commenting on the company’s strategic direction, Dr. Vivek Garg, Founding Director, NVT Quality Lifestyle, said, “Luxury in 2026 is no longer defined by scale alone, but by how intelligently homes and communities are designed to support the way people live, work and connect with nature. As professionals, entrepreneurs and global Indians seek environments that offer choice, flexibility and long-term value, we see integrated townships as the natural evolution of premium housing.”

    He added, “Our expansion into sky villas and large-format destination developments builds on our leadership in villas, while allowing us to create holistic living ecosystems, communities that blend multiple housing formats, landscape-driven planning and infrastructure-led growth. This is not just a portfolio diversification strategy; it is our way of future-proofing residential development in India’s most aspirational urban corridors. The move reinforces our broader growth roadmap to scale presence across the premium and luxury residential spectrum, while capitalizing on strong urban fundamentals, infrastructure-led expansion and the increasing participation of high-income domestic buyers and NRIs in India’s top real estate markets.”

    NVT Quality Lifestyle forays into Sky Villas and Large-Format Integrated Townships -PNN

    NVT’s expansion is being driven by structural trends shaping the luxury residential market over the next few years. Across Bengaluru and other high-growth cities, demand from senior professionals, entrepreneurs and NRIs is increasingly oriented towards integrated communities that offer flexibility of housing choice, strong connectivity and environments that support work-life integration. Bengaluru’s eastern corridor and the Sarjapur-Attibele Road, (where NVT’s new township project Wonderful World is located) supported by infrastructure catalysts such as the STRR (Satellite Town Ring Road), the 72-km metro line, Swift City and regional aviation connectivity, has emerged as one of the most dynamic zones for premium residential investment.

    Even as NVT expands its development footprint, it will continue to anchor its growth in a distinct, design-led definition of luxury, one that prioritises how people truly live. Across all its homes, the focus remains on integrated indoor–outdoor living, abundant natural light and ventilation, private outdoor extensions such as backyards, terraces or gardens and intelligently planned layouts that support work-life integration in today’s hybrid, always-connected world. The philosophy is consistent: to create future-ready homes that balance privacy, spatial efficiency and environmental responsiveness, while delivering long-term liveability and enduring value.

    Visit https://qualitylifestyle.in/property-item/a-wonderful-world/ for more information.

    About NVT Quality Lifestyle

    Since 2010, NVT Quality Lifestyle, part of the NVT Group, a diversified organization with interests in aerospace quality certification, education and real estate, has been a disciplined creator of premium residential assets. With over 3 million square feet developed and more than 1,000 luxury villa homes delivered, NVT has established itself as a trusted name in high-end residential development, known for its quality, transparency and professional excellence. Founded and led by globally accomplished professionals, alumni of IIT, IIM, ISB, Carnegie Mellon, Purdue, and Wharton, NVT anchors its philosophy in “For Professionals, By Professionals.” The company’s focused approach to premium residential communities integrates architecture, engineering excellence and sustainable design to create homes that anticipate the future of living.

    Visit https://www.nvt-projects.com/

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  • FITTR and Ileseum Clubs Partner to Build India’s Most Integrated Preventive Health Ecosystem

    FITTR and Ileseum Clubs Partner to Build India’s Most Integrated Preventive Health Ecosystem

    Jitendra Chouksey, Founder & CEO of Fittr with Pavit Singh, Managing Director, Ileseum Clubs

    Pune (Maharashtra) [India], February 18: Ileseum Clubs and FITTR have announced a strategic collaboration to embed preventive healthcare directly into residential communities. Ileseum, a leading clubhouse management and community ecosystem platform, and FITTR, a leading preventive health and fitness platform, are coming together to combine physical infrastructure, community-led engagement, science-backed health intelligence, advanced technology, and lifestyle management systems into a unified, end-to-end preventive health ecosystem.

    The collaboration will scale across Ileseum-managed clubs and townships, with a shared ambition to reach over 50,000 Ileseum members annually and positively impact nearly 20,000 families living within integrated residential communities.

    As India witnesses a sharp rise in lifestyle-related conditions such as diabetes, cardiovascular disease, and metabolic disorders, both companies believe the future of healthcare lies in prevention that is built into daily life, not delivered in silos. Rather than episodic interventions, the partnership focuses on continuous, measurable, and personalised health journeys, seamlessly integrated into where people live, move, and connect.

    According to the Indian Council of Medical Research (ICMR), India currently has over 101 million people living with diabetes and 136 million classified as pre-diabetic, with non-communicable diseases accounting for more than 60% of annual deaths. Addressing this challenge requires more than awareness, it requires environments that actively enable healthier behaviour and long-term lifestyle change.

    Under the collaboration, Ileseum and FITTR will jointly deliver an integrated preventive health ecosystem across Ileseum-managed clubs and communities. FITTR will contribute its preventive health intelligence including diagnostics, health scoring, personalised insights, predictive analytics, coaching, and long-term tracking, while Ileseum will activate this intelligence through its physical infrastructure, curated programming, and community-led engagement. Together, the two brands are creating a living preventive health system that moves beyond standalone services, features, or apps.

    Jitendra Chouksey, Founder & CEO of Fittr, said:

    “This partnership with Ileseum clubs brings preventive healthcare directly into homes and communities, making it easier for people to adopt healthier lifestyles before diseases take hold. It’s not just about fitness – it’s about extending lifespans and improving quality of life for millions.”

    Pavit Singh, Managing Director, Ileseum Clubs, said:

    “At Ileseum, we don’t view clubhouses as amenities – we see them as platforms that shape modern living. Partnering with FITTR allows us to embed science-backed preventive healthcare into our communities in a way that is practical, measurable, and deeply human. This collaboration reflects how residential ecosystems in India must evolve to create long-term impact at scale.”

    Beyond residential living, the collaboration is also generating momentum within India’s startup and innovation ecosystem. By bringing together a health-tech leader and a category-defining community and real-estate-linked platform, the partnership reflects a broader shift in how Indian startups are solving large, systemic challenges through deep collaboration, not isolated products.

    FITTR, which has empowered over 5 million users globally, and Ileseum, which operates 20+ clubs across 8+ cities and serves more than 50,000 members, represent a new generation of Indian companies building infrastructure-led, outcome-driven solutions. Their partnership demonstrates how startups can move beyond standalone offerings to create system-level impact across health, lifestyle, and urban living.

    This partnership marks a decisive shift, from amenities to outcomes, from fragmented healthcare touchpoints to integrated ecosystems, and from reactive medical care to community-led, preventive lifestyle interventions designed for how people actually live today.

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  • Dr. V. Anantha Nageswaran, Chief Economic Advisor, Government of India Inaugurates DICCI’s International Conclave on AI for Inclusion and the Future of Work

    Dr. V. Anantha Nageswaran, Chief Economic Advisor, Government of India Inaugurates DICCI’s International Conclave on AI for Inclusion and the Future of Work

    New Delhi [India], February 18: The Dalit Indian Chamber of Commerce and Industry, (DICCI), hosted the International Conclave titled AI for Inclusion & the Future of Work 2026: Bridging Divides, Building Futures at The Park Hotel, New Delhi. The conclave brought together senior policymakers, global representatives, industry leaders and academic institutions to deliberate on how artificial intelligence can be shaped as a force for equitable growth and livelihood security. The event served as a strategic lead-in to the India AI Impact Summit 2026.

    Chief Guest Dr. V. Anantha Nageswaran, Chief Economic Advisor to the Government of India inaugurated the DICCI’ International Conclave on AI for Inclusion and the Future of Work, and emphasized that productivity gains from AI must be complemented by investments in skilling, institutional preparedness and equitable access to digital infrastructure to ensure sustained and broad-based growth.

    From a global governance perspective, Ms. Anne Bouverot, Special Envoy for Artificial Intelligence to the President of France stressed that trust, transparency and human-centric design are essential to building AI systems that serve society at scale. She noted the importance of international cooperation in ensuring that AI standards reflect democratic values and inclusive development priorities.

    Addressing the conclave, Dr. Milind Kamble, Founder Chairman, DICCI, said, “Our focus must be clear i.e., education that delivers excellence, entrepreneurship that creates empowerment, and technology that drives transformation. A child in a tribal village or remote hill area must have access to the same quality of education taught at Harvard or Oxford. We must shift the narrative from victimhood to leadership, so that communities once excluded become architects of India’s growth. With 73 percent of our economy in the informal sector, AI must accelerate formalisation and expand opportunity. By 2047, development must be measured not only by GDP, but by dignity, participation and shared prosperity.”

    Mr. Avinash Punekar, CEO, iCreate said “AI carries both immense promise and serious risk. Women remain underrepresented in AI leadership, and if its trajectory is left concentrated in a few hands, the socio-economic consequences can be significant. Just as financial systems required regulation after the 2008 crisis, AI now requires formalisation, accountability and clear governance to ensure its benefits are inclusive and its risks are contained.”

    Prof. B. S. Sahay, Founder Director, IIM Jammu, emphasised that inclusion becomes meaningful only when it leads to measurable enterprise creation and income stability. Drawing from DICCI’s experience in economic empowerment initiatives, he noted that structured policy intervention, when aligned with institutional support, can transform vulnerable communities into organised entrepreneurs.

    The conclave was structured around four institutional pillars: Global, Thinktank & Policy Advisory, Industry and Academia ensuring balanced representation across decision-making ecosystems. The Global pillar featured, and Ms. Maya Sherman, Innovation Attaché, Embassy of Israel in India. The Thinktank and Policy pillar included Dr. V. Anantha Nageswaran, Chief Economic Advisor to the Government of India, and Mr. V. Satish, Social Inclusion Policy Advisor to the Government of India. Industry leaders included Mr. Avinash Punekar, CEO, ICreate; Mr. Ashish Chauhan, MD and CEO, National Stock Exchange of India; Ms Mercy Epao, Joint Secretary, Ministry of MSME, Government of India, Dr. Chris Merz, Mastercard; Mr. Angshuman Bhattacharya, Adani AI Labs; Mr. Hitesh Sachdeva, ICICI Bank; Mr. Nipun Mehrotra, The Agri Collaboratory; Mr. Rishi Bal, BharatGen; and Mr. Anjul Katare, Central Business Solutions. The Academia pillar was represented by Prof. B. S. Sahay, Founder Director, IIM Jammu; Dr. Vinita Sahay, Director, IIM Bodh Gaya; Dr. Sunil Shukla, Director General, EDII; Prof. Binod Kumar Kanaujia, Director, NIT Srinagar; and Dr. Nitin Upadhyay, Dean, IIM Jammu.

    Across four thematic pillars, discussions moved from principle to implementation.

    The first session examined AI inequality and global development. Participants highlighted the concentration of compute capacity and capital, and stressed the need for expanded access to infrastructure, inclusive datasets and targeted skills development to prevent the emergence of a widening AI divide.

    The second session focused on governing AI for livelihoods and small businesses. Deliberations centered on enabling formalisation for MSMEs, enhancing access to credit and markets, and deploying AI tools in agriculture and local enterprise ecosystems. The discussion reinforced that informal workers and first-generation entrepreneurs must be equipped to transition into higher productivity roles.

    The third session addressed governance and oversight. Speakers examined standards for transparency, auditability and accountability in AI systems, with particular attention to bias mitigation and representational diversity in data. The importance of public disclosure norms in government-deployed AI systems was highlighted as critical to sustaining public trust.

    The fourth session explored infrastructure, data and digital public goods. Industry and institutional leaders emphasized the expansion of compute infrastructure, multilingual AI systems and interoperable digital platforms to ensure equitable deployment across rural and urban geographies.

    The conclave’s deliberations were anchored around seven development priorities i.e., Education, Healthcare, Agriculture, Speedy Justice, Financial Literacy, Unorganised Workers and Entrepreneurship. Participants outlined how AI-driven solutions can improve learning outcomes, expand preventive healthcare access, enhance agricultural productivity, enable faster dispute resolution, strengthen financial inclusion and support the formalisation of unorganised workers.

    A key outcome of the conclave was the unveiling of the Delhi Declaration on AI for Inclusion and the Future of Work. The one-page document outlines shared principles on equity by design, worker transition pathways, inclusive digital infrastructure and responsible governance standards. The Declaration will be presented at the India AI Impact Summit 2026.

    The conclave concluded with a synthesis session consolidating insights and policy recommendations aimed at building future-ready, inclusive work ecosystems. Through this initiative, DICCI built upon its emphasis to ensure that India’s AI trajectory remains anchored in constitutional values of equity, economic justice and inclusive development.

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  • Indo US Bio-Tech Limited to invest Rs.71.51 crore in Agricultural Innovation and Research and Development by 2030-31

    Indo US Bio-Tech Limited to invest Rs.71.51 crore in Agricultural Innovation and Research and Development by 2030-31

    New Delhi [India], February 18: Ahmedabad-based Indo US Bio-Tech Limited (BSE: 541304 NSE: INDOUS) is a leading company engaged in developing high-quality seeds through research and development. The company has released its investment roadmap up to 2030-31. It will invest Rs. 71.51 crore in agricultural innovation and research & development by 2030-31. A brief outline of the company’s roadmap is given below.

    Establishment of Seed Processing Plant (2026-27):

    In 2026-27, the company will invest more than Rs. 25 crore on 100 acres of land for R&D. For a controlled environment, it will establish a high-tech greenhouse on 1 acre of land with an investment of more than Rs. 5 crore. Similarly, the company will set up a net house on 3 acres of land with an investment of more than Rs. 75 lakh.

    The company will also establish a 5000 square feet seed processing plant. More than Rs. 75 lakh will be invested in plant infrastructure. Rs. 1.25 crore will be invested in seed processing machinery.

    • Focus on Seed Export (2026-27): During this period, the company will focus on seed exports. It will strategically expand into the US markets and undertake direct marketing expansion in Africa. The company will invest Rs. 5.70 crore to enter the US market, completing export licensing and documentation processes. An estimated annual growth of 12 percent is projected from this expansion. The revenue target for 2027-28 is Rs. 10.00 crore.

    Additionally, the company will develop the African market with an investment of Rs. 5.60 crore, focusing on Kenya, Nigeria and Ghana. An annual growth of 15 percent is projected from this region, with a revenue target of Rs. 8.00 crore by 2027-28.

    Thus, the company will focus on exports with a total investment of Rs. 11.30 crore. Break-even is expected by 2027-28 with an estimated initial profit margin of 25 percent. By 2035-36, combined revenue is projected to reach Rs. 49.17 crore.

    Key implementation timeline:

    2025-26: Export licenses and partnerships with African countries.

    2026-27: Pilot marketing and initial exports.

    2027-28: Full-scale operations begin.

    • Establishment of a new Groundnut Seed Plant in Joint Venture (2026-27): The company will establish a new groundnut seed plant through a joint venture with an investment of Rs. 15 crore. A joint venture with 50 percent participation will be formed for processing and packaging. In 2026-27, the total company investment will be Rs. 59.55 crore.
    • Tomato R&D Project (2027-28): In the first year, the company will invest Rs. 50 lakh in laboratory setup and genetic screening. In the second year, more than Rs. 75 lakh will be invested in breeding and field trials, along with resistance testing. In the third year, Rs. 1 crore will be invested in molecular studies and trials. Gene testing and advanced trials will be conducted. In the fourth year, Rs. 1.25 crore will be invested in large-scale trials and farmer feedback collection. In the fifth year, Rs. 1.50 crore will be invested in launching seeds in the market and providing farmer training.

    This is a five-year project to develop disease-resistant tomato varieties with a total budget of more than Rs. 5 crore. The company expects to develop 2-3 resistant varieties and reduce yield loss by 25-40 percent.

    • Bottle Gourd and Chilli R&D Project (2028-29): In the first year of the bottle gourd R&D project, more than Rs. 22 lakh will be invested in lab setup, screening and germination collection. In the second year, more than Rs. 28 lakh will be invested in hybridization, cross-breeding, field trials and disease testing. In the third year, more than Rs. 35 lakh will be invested in advanced trials including multi-location and pre-commercial trials. In the fourth year, sales of bottle gourd seeds will begin, with more than Rs. 40 lakh invested in full-scale production, marketing and farmer training. Total investment in the bottle gourd R&D project is estimated at more than Rs. 1.25 crore.

    Under the chilli R&D project, in the first year the company will invest more than Rs. 35 lakh in collection and screening, germplasm collection, laboratory screening and marker identification. In the second year, Rs. 50 lakh will be invested in cross-breeding, marker validation and multi-location trials. In the third year, more than Rs. 60 lakh will be invested in advanced testing, germplasm improvement and pre-commercial seed launch. In the fourth year, full-scale seed production will begin with Rs. 70 lakh invested in marketing. Total investment in the comprehensive four-year chilli R&D project is estimated at Rs. 2.15 crore.

    • Increase in Processing Plant Capacity (2029-30): During this period, the company will purchase state-of-the-art machinery for increased production capacity, install advanced sorting machines for maximum efficiency and expand facility space.

    Through this implementation approach, the company will achieve comprehensive facility modernization. Each phase builds upon the previous one, ultimately resulting in a fully optimized processing plant. Total investment for 2028-29 is estimated at Rs. 5 crore.

    8 Brinjal R&D Project (2029-30): Under the brinjal research and development project, in the first year the company will invest Rs. 50 lakh in germplasm collection, disease screening and laboratory setup for molecular breeding. In the second year, more than Rs. 65 lakh will be invested in molecular marker-assisted breeding and bacterial wilt resistance testing. In the third year, more than Rs. 60 lakh will be invested in advanced multi-location trials and Phomopsis blight resistance validation. In the fourth year, brinjal seeds will be commercialized with more than Rs. 70 lakh invested in full-scale production and farmer training programs.

    The project focuses on developing high-yield hybrid varieties resistant to bacterial wilt, Phomopsis blight and fruit and shoot borer. A 50-60 percent improvement in yield is expected for farmers.

    Total investment in the four-year development cycle is estimated at more than Rs. 2.65 crore. Revenue of more than Rs. 31.25 crore is targeted by the sixth year of the project.

    • Tomato Seed R&D Project (2030-31): Under the two-year structured initiative, the company will work on five key stages including planning, laboratory analysis, product development, testing and commercialization. Total investment in infrastructure, human resources, materials, testing and marketing is estimated at Rs 2.69 crore. The project aims to transform tomato seeds into innovative health and agricultural solutions through nutrient extraction and sustainable methods.

    In conclusion, the company will invest Rs. 71.51 crore in various agricultural innovation and research & development projects by 2030-31. This is expected to drive revenue growth, profitability and market expansion. The company management anticipates strong performance supported by improved operational efficiency and strategic growth in both domestic and international markets, with profit margins steadily increasing and potentially reaching up to 70 percent.

    Note: Timelines of all projects  may change or be adjusted based on seasonal weather patterns and  agricultural conditions.

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  • Mehta Realty perfects the art of balance with Mehta Marquina, East Goregaon’s tranquil oasis where indulgent luxury meets conscious living

    Mehta Realty perfects the art of balance with Mehta Marquina, East Goregaon’s tranquil oasis where indulgent luxury meets conscious living

    The image shared is a render image. Maharera Number- PR1180002501971 

    Mumbai (Maharashtra) [India], February 18: Mehta Realty, a name synonymous with top-tier projects and heralded by a 48-year legacy, has unveiled the latest addition to their portfolio – Mehta Marquina, an integrated lifestyle destination moulded on the principles of balance, calm and everyday ease. Located beside Mumbai’s green lung – the Aarey Forest, the project is designed as a restorative retreat where nature flows seamlessly into everyday life and mindfulness is infused into the structure’s DNA. Mehta Marquina thus is a perfect amalgamation of form and function, where modern geometry intersects natural materials, where layouts welcome sunlight, fresh air, and openness into every home, and where wellness is prized as the ultimate luxury.

    • The striking 38-storey project blends seamless connectivity with enhanced quality of life at one of Goregaon’s most coveted addresses
    • The 2 and 3 Bed deck residences bring the outdoors in, allowing the tranquillity of one of Mumbai’s greenest expanses to flow effortlessly into the daily routine
    • The state-of-the-art wellness-themed amenities occupy an intuitive layout, carefully designed to offer residents the most restorative living experience

    The structure comprises 2 & 3 Bed deck residences that not only offer panoramic views but also emanate gentle calm. Residents are thus invited to replace the mayhem of city living with a slower, more balanced way of existence. The project’s layout is intuitive, with every detail consciously planned to create a sense of calm from the moment residents step in. While landscaped podiums encourage relaxed daytime living, elevated retreats offer moments of quietude and respite while soaking in the most resplendent views of the city.

    From the eight-level podium parking that offers residents direct access to their designated space to the grand entrance lobby that is furnished with high-speed elevators, daily arrivals and departures at Mehta Marquina feel more effortless. Nest 9 is the project’s social heart, which elevates everyday moments and shared experiences to unforgettable memories. The multipurpose court, mini golf course, Pilates studio and callisthenics corner add a social edge to wellness, while the infrared therapy chamber, cold plunge facility reflect Mehta Realty’s dedication to facilitating the latest regenerative therapies. Altitude 120, located on the building’s rooftop at 120 meters above, makes relaxation feel even more indulgent with hydrotherapy facilities, a jacuzzi, an observatory, an infinity pool and a sunset lounge that encourage residents to unwind in harmony with nature.

    An intentional commitment to sustainability has shaped the very foundations of the project – Mehta Marquina is an IGBC Gold Pre-Certified Green Building, supporting energy efficiency, water conservation and a healthier living environment through every step of the planning and execution process. From responsible construction practices and mindful material choices to systems that reduce environmental impact and enhance everyday comfort, Mehta Marquina  reflects Mehta Realty’s long-term commitment to building a better tomorrow.

    Mehta Marquina has been positioned as a legacy investment that’s primed for long-term value creation. With East Goregaon showing steady price appreciation, driven by infrastructure upgrades, metro connectivity and limited premium housing supply, the neighbourhood’s central location between the railway station and the Western Express Highway ensures strong accessibility while supporting everyday routines. Mehta Marquina further adds to these advantages by facilitating efficient entry and exit access, while opening the doors to a micro-market that is rapidly gaining momentum. While being rooted in nature, the location is also aligned with ongoing infrastructure growth and has a strong potential future value appreciation.

    Ruchit Mehta, Partner at Mehta Realty, said, “Since our inception, Mehta Realty has built a peerless reputation for our meticulous approach to development, bringing together world-class lifestyle experiences and a homeowner-first focus. Mehta Marquina is an extension of that philosophy, and of our focus on creating spaces that are perfectly suited to the evolving needs of modern-day homeowners. In addition to being an iconic landmark that offers breathtaking views of the scenic locality, Mehta Marquina represents our commitment to creating legacy projects that are built for future generations and continue to yield value for our customers throughout their lifecycle.”

     About Mehta Realty:

    Mehta Realty has been a pivotal force in shaping Mumbai’s skyline. With a rich heritage in real estate, the group has delivered landmark residential and commercial projects that stand as a testament to thoughtful planning, enduring quality, and community-centric design. Guided by the core values of Trust, Integrity, and Innovation, Mehta Realty is dedicated to building a sustainable future, with a vision to become a carbon-neutral organisation by 2035.

    Mehta Realty –  https://mehtamarquina1978.com/

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  • Globe Civil Projects India Limited Announces Q3 and 9M FY26 Financial Results

    Globe Civil Projects India Limited Announces Q3 and 9M FY26 Financial Results

    Mumbai (Maharashtra) [India], February 18: Globe Civil Projects India Limited, an EPC-focused infrastructure company, has announced its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, as approved by its Board of Directors.

    The Company continued to demonstrate stable operational execution during the period, supported by progress across ongoing projects and disciplined cost management within its Engineering, Procurement and Construction (EPC) operations.

    Key Financial Highlights – (Standalone)

    9M FY26

    • Total Income: ₹2481.37 Million

    • Profit Before Tax (PBT): ₹ 233.45 Million

    • Net Profit: ₹175.67 Million

    • Net Profit Margin (NPM): ~7.07%

    • Earnings Per Share (EPS): ₹3.23

    Q3 FY26 

    • Total Income: ₹937.57 Million

    • Profit Before Tax (PBT): ₹79.96 Million

    • Net Profit: ₹65.28 Million

    • Net Profit Margin (NPM): ~6.96%

    • Earnings Per Share (EPS): ₹1.10

    Key Financial Highlights – (Consolidated)

    9M FY26

    • Total Income: ₹2645.70 Million

    • Profit Before Tax (PBT): ₹ 233.19 Million

    • Net Profit: ₹175.41 Million

    • Net Profit Margin (NPM): 6.63%

    • Earnings Per Share (EPS): 3.23

    Q3 FY26 Highlights

    • Total Income: ₹1020.91 Million

    • Profit Before Tax (PBT): ₹79.84 Million

    • Net Profit: ₹65.16 Million

    • Net Profit Margin (NPM): 6.37%

    • Earnings Per Share (EPS): 1.10

    Mr. Vipul Khurana, Managing Director, Globe Civil Projects Limited, said:

    “The performance during the quarter and the nine-month period reflects the Company’s continued focus on disciplined execution, effective cost management, and steady progress across its EPC projects. Despite a dynamic operating environment, we were able to maintain stable revenues and profitability through prudent project selection and efficient resource utilization.”

    “We remain committed to strengthening our execution capabilities, improving working capital efficiency, and selectively pursuing opportunities aligned with our risk framework. With an improving project pipeline and a strong focus on operational discipline, we are cautiously optimistic about sustaining growth momentum in the coming periods.”

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  • Ventura AirConnect Launches Flights Between Surat, Ahmedabad, Bhavnagar, and Other Cities

    Ventura AirConnect Launches Flights Between Surat, Ahmedabad, Bhavnagar, and Other Cities

    Surat (Gujarat) [India], February 18: Ventura AirConnect, Surat’s own regional airline, has launched flights connecting the city with Ahmedabad, Bhavnagar, Rajkot and Amreli, reducing the travel time between Surat and Saurashtra to just 30 minutes.

    The public-spirited vision of Ventura AirConnect’s mentors Govind Dholakia, Savji Dholakia and Lavji Badshah, and their commitment to public service has ensured that this essential regional air service has continued uninterrupted since 2014.

    Ventura AirConnect has been operating daily flights between Surat–Ahmedabad, Surat–Bhavnagar, Surat–Rajkot and Surat–Amreli for more than 11 years using Cessna Grand Caravan 9-seater aircraft, which is one of the world’s safest aviation categories. The airline offers these services at highly affordable fares, making air travel accessible to people across all sections of society. Over two lakh passengers have availed of the service so far.

    Each aircraft operates with nine passengers and two pilots. Flight durations are approximately 30 minutes to Bhavnagar, 45 minutes to Amreli, and 60 minutes to Ahmedabad and Rajkot, significantly reducing travel time across the state.

    It is noteworthy that Ventura AirConnect is the only airline in India to have operated continuous daily services with small aircraft at economical fares from a single base for over 11 years. The airline also holds a leading position in the NSOP (Non-Scheduled Operator Permit) category, a matter of pride for both Surat and Gujarat.

    Ventura AirConnect Launches Flights Between Surat, Ahmedabad, Bhavnagar, and Other Cities-PNN

    Passengers have consistently shared positive feedback, stating that travelling on Ventura’s aircraft offers a unique experience compared to larger airlines. Many travellers appreciate being able to observe cockpit operations during flight, while the absence of additional charges for window seats has added to customer satisfaction. The airline has also enabled elderly passengers, children and first-time flyers from modest backgrounds to experience air travel at nominal fares.

    Ventura AirConnect was launched when commercial airline services were suspended from Surat following the buffalo-hit incident in 2014. The promoters launched the venture without concern for financial losses, solely in the interest of the city. That vision, along with Ventura AirConnect’s efforts, have contributed significantly to the development of Surat International Airport.

    Ventura AirConnect said Surat symbolises progress and development, and the aviation sector in the city has shown strong enthusiasm and support since the company’s inception.

    Ventura AirConnect has recently introduced a luxurious, high-speed and ultra-safe 8-seater Pilatus PC-12 aircraft, manufactured in Switzerland, to expand its charter flight services. This charter service allows passengers to travel from Surat to destinations of their choice and is especially beneficial for emergency travel and corporate requirements across Gujarat.

    Demonstrating its commitment to humanity, Ventura AirConnect recently also launched a dedicated organ transport air service. The airline has received medical approval to transport human organs swiftly between cities. This service is now being successfully implemented across Gujarat and will soon be extended to other states at affordable rates.

    The objective behind this initiative is not only civic service but also saving human lives by ensuring timely organ delivery in emergency situations. The aircraft used for this service is registered as VT-DEV, aptly named Dev, symbolising its role as a “divine messenger” in saving lives. Through this initiative, Ventura AirConnect has once again shown the vital role the private sector can play in humanitarian service.

    Moreover, Ventura AirConnect has launched Surat’s only advanced aircraft maintenance facility, which is expected to usher in a new era of aircraft maintenance in the city, attracting aircraft from across India. With airports such as Mumbai and Ahmedabad facing congestion, limited space and high maintenance costs, Surat Airport is expected to emerge as a preferred maintenance hub, thereby enhancing its global stature.

    Ventura AirConnect continues to offer affordable daily flight services across Gujarat. Bookings and information are available at www.flyAirConnect.com, via 99099 00100, or toll-free number 1800 1080 108.

     

  • Sand Stone by Technogym: the new era of Wellness Luxury Living

    Sand Stone by Technogym: the new era of Wellness Luxury Living

    Technogym’s Sand Stone Collection

    New Delhi [India], February 18: The Sand Stone collection by Technogym offers a renewed aesthetic inspired by nature, combining careful design and advanced materials to differentiate and elevate the design of the most exclusive wellness spaces. The authenticity and warmth of typical Mediterranean sandstone give rise to a versatile and sophisticated palette, capable of combining performance, sustainability, and timeless elegance in a wide variety of premium wellness contexts. The neutral tones and meticulously designed finishes allow the products to blend perfectly with wood, stone, and other high-quality materials, creating authentic and immersive spaces.

    Sand Stone’s versatile and cross-cutting aesthetic offering is the only one that enables the creation of wall-to-wall wellness spaces that include products for cardio, strength and functional training in a complete family feeling. This creates a refined environment where design and performance merge into a seamless experience across different lines and products: Technogym Checkup, Artis cardio, Artis strength, Biostrength, up to Personal Tools and Technogym Reform.

    Designed for both homes and high-end wellness spaces in hotels, residential complexes, and fitness clubs, Sand Stone allows you to create highly distinctive environments. Thanks to Sand Stone, architects can differentiate their offerings thanks to a consistent and uniform aesthetic that helps improve brand identity, customer experience, and perceived value. Every space becomes an opportunity to communicate quality, refinement, and a wellness-conscious approach.

    Sand Stone’s innovation extends to its materials and finishes, designed to foster a renewed connection with nature through textures, colors and sensations inspired by the natural world.

    Speckled Stone: the product casings are made from an innovative plastic material that contains 2-3% natural mica for a texturized effect reminiscent of real stone. 30% of these components come from recycled materials to reduce production impact. Warm Titanium: frames and inlays (the details that define the silhouettes of Artis products) in a metalized titanium finish express both luxury and technology, inspired by contemporary design’s most iconic hi-tech objects. Clay: all the tactile surfaces that come into direct contact with the user, such as handles and seats in vegan leather, are made from an opaque warm material that is pleasing to the touch, designed for natural and comfortable interaction. Beech and ash wood: the presence of natural wood veining reflects the most organic, living dimension of the material (in the Personal Tools handles and Technogym Reform frame).

    Together, these elements create a holistic and exclusive design language made up of warm and welcoming tones that invite everyone to train without intimidation, offering users a unique wellness experience and operators the opportunity to create unique and differentiated spaces.

    https://www.technogym.com/en-IN/

    Founded in 1983, Technogym is a world-leading brand for fitness, wellness, sport, and health. Technogym offers a complete ecosystem made of connected smart fitness equipment, digital services, training content and apps that enable each user to access a fully personalized workout experience, anywhere and anytime: at home, at the gym and on-the-go. With over 2,500 employees Technogym is present in over 100 countries. More than 70 million people train with Technogym equipment in 100,000 wellness centers and 500,000 private homes in the world. For the tenth time, Technogym has been appointed as the Official Supplier of the Milano Cortina 2026 Winter Olympics and Paralympics and it’s the reference brand for the training of worldwide champions.

  • From Secunderabad to Silicon Valley – The Man Building AI with Love

    From Secunderabad to Silicon Valley – The Man Building AI with Love

    New Delhi [India], February 18: From studying under streetlights in Secunderabad to becoming the CEO of Orchestro AI, Shekhar Natarajan’s life story has inspiring, to say the least. His trajectory has been a rare blend of corporate mastery and purpose-driven reinvention, starting with his journey in America with $34 in his pocket.

    He had grown up in South Central India, in a one-room house in Secunderabad where his family lived without electricity. He studied under street lights because there was no other way to read at night. His mother bound newspapers to earn a few rupees; when he needed money for education, she pawned her wedding ring for 30 rupees.

    That sacrifice — a mother’s wedding ring traded for a son’s future — shaped everything that followed.

    “Real wealth is not money,” Natarajan says. “Real wealth is wisdom. My mother understood that. She gave up her most precious possession so I could learn. That’s not optimization — that’s love.”

    The Corporate Ascent

    From those beginnings, Natarajan built one of the most remarkable careers in American business. He earned degrees from Georgia Tech, MIT, Harvard Business School, and IESE. He spent 25 years in Fortune 500 leadership at companies including Coca-Cola, PepsiCo, Walmart, Target, Disney, and American Eagle.

    At Walmart, he grew the grocery business from $30 million to $5 billion. He pioneered crowdsourced delivery systems that transformed how products reach consumers. At Disney, he helped create the MagicBand experience that millions of visitors now take for granted. Along the way, he accumulated over 207 patents.

    He was, by any measure, a master optimizer — someone who understood how to squeeze efficiency from complex systems, how to make supply chains faster and cheaper, how to scale operations across continents.

    And then he looked at what optimization had wrought.

    The Reckoning

    “I spent decades making systems more efficient,” Natarajan reflects. “Faster. Cheaper. More scalable. And I was good at it. But efficiency without ethics is just sophisticated cruelty.”

    He saw delivery workers pushed to dangerous speeds by algorithms he could have designed. He saw loan collection systems that automated harassment with techniques he could have invented. He saw welfare systems that deleted hungry children from databases with the same dispassion they’d delete duplicate records.

    The skills he had spent a lifetime developing were being used to harm people. Not by villains — by systems. By algorithms optimizing for metrics that didn’t include human dignity.

    “The people building these systems aren’t evil,” he says. “They’re optimizing for the metrics they’re given. The problem is that the metrics don’t include compassion. They don’t include dignity. They don’t include the child asking her mother for rice.”

    The Morning Practice

    Every morning at 4 AM, Natarajan practices classical Indian painting.

    It is both artistic expression and problem-solving methodology. The discipline of the brush, the patience of the stroke, the attention to detail — these are not separate from his work on AI. They are preparation for it.

    “Building technology with love, not speed, over thousand-year timeframes” — this is how he describes his philosophy. It sounds impractical until you realize what the alternative has produced.

    Move fast and break things. Santoshi Kumari was broken.

    Disrupt everything. Bhupendra Vishwakarma’s family was disrupted.

    Scale at all costs. The cost was paid by gig workers dying on the roads.

    “We’ve tried building technology fast,” Natarajan says. “Now let’s try building it right.”

    The Wedding Ring

    Natarajan still thinks about his mother’s wedding ring.

    “She didn’t optimize,” he says. “She sacrificed. She gave up something precious so something more precious could grow. That’s what love does. That’s what the best technology should do — not extract value, but create space for human flourishing.”

    Angelic Intelligence is, in some ways, an attempt to encode that mother’s love into computational systems. To build AI that asks, before every action: Does this help people flourish? Does this create space for dignity? Does this honor the sacrifice of those who came before?

    It’s an audacious project. It may be an impossible one.

    But someone has to try.

    “I came from nothing,” Natarajan says. “I studied under street lights. I know what it means to be invisible to systems. And I know that the child asking for rice in Jharkhand is not a deletion error. She’s a human being. If our technology can’t see that, our technology is broken.”

    He pauses.

    “My mother pawned her wedding ring so I could have a future. I’m trying to build AI that honors that sacrifice — AI that sees every human being as worthy of that kind of love.”

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